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Tuesday, December 03, 2013 8:36:38 PM
I have had a few email conversations with the CEO of Limitless, Peter Scalise III. He has quickly answered all of my questions, and I was just wondering if there is anything you guys want me to ask him for you? I have included some of the questions I have already asked him at the bottom of this post.
BMAK is done diluting and looks to be out of shares. This is another reason why I believe that LVGI was oversold and that the current price is way undervalued. It also looks like NITE has picked up the majority of BMAK shares. It should be interesting to see what NITE plans on doing with 300,000,000 + shares. BEAR SQUEEZE incoming?
Nov 2013 BMA SECURITIES (BMAK) 32,573,668 shares
Oct 2013 BMA SECURITIES (BMAK) 330,230,261 shares
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=LVGI&SortBy=volume&Month=11-1-2013&IMAGE1.x=21&IMAGE1.y=6
The DTC Chill was lifted after only 2-3 business days. The chill was lifted fast and shows that LVGI management is on top of their game.
We are expecting that BIG PR any day now! Here is a list of PRs that Limitless is sitting on! Once one PR comes, expect the others to follow! Also included is my guess when we get these PR's
1) Share Structure: buyback or A/S decrease, no R/S (Dec. 4-6)
2) New CEO (Dec. 9-13)
3) SLAM production beginning. Prep for Q1 2014 launch (Dec 16-20)
4) GEAR contract details with LVGI (Dec 16-20)
5) LVGI obtains 1-2 new brands (Dec. 23- Jan. 10)
Looks like LVGI is getting ready to release SLAM Q1. Here is a link for SLAM's renewed trademark. The trademark was approved for publication on 11/12/2013. Expect production to start this month and sales by Q1 2014!
http://www.trademarkia.com/slam-infusination-86021956.html
Updated Share Structure! as of 11/20/13!
Share Structure
Market Value $376,099 a/o Nov 21, 2013
Shares Outstanding 1,253,662,769 a/o Nov 20, 2013
Float 724,683,097 a/o Nov 20, 2013
Authorized Shares 2,500,000,000 a/o Oct 24, 2013
*Note that the float is a lot smaller than the S/O and A/S.
http://www.otcmarkets.com/stock/LVGI/company-info
Again here is a copy of the email with LVGI CEO Peter Scalise III
Posted on 11/27/13.
Can you give any details about the DTC Chill?
DTC Chill stems from
security sales 4 years before
we bought the company--weve
just learned of this
today---issue is from 2008
we bought the company in
April 2012---we will be
working through it with the
DTC on Friday to see what
can be done---as we have
zero clue about these
transactions
Previous email...
I was wondering if you
have found the new CEO
for Limitless? Do you still
plan on releasing that
information around
December 1st?
Narrowed down to 2 candidates---
will be decided in next 2 weeks
When will SLAM products
begin production?
December
Any hints to
who is lined up for
distribution?
cannot release yet finalizing
Once SLAM is ready, will
it be spun off like GEAR?
Or is SLAM planned to
always be with Limitless?
LVGI incubates brands
for spin off so although
no immediate plans for a
SLAM spin off but
perhaps in around 18
months or so
You mentioned LVGI will
still be marketing,
designing, and promoting
for GEAR. Will GEAR be
paying LVGI for these
services?
YES
If so, for
how long?
Yearly
contracts
Is there any chance that
LVGI will buy back
shares? After the A/S
increase, the stock has
taken a huge hit.
PR addressing this next
week
Many investors are afraid
of a R/S soon, is the
company planning for
one?
PR addressing this
next week
You said Limitless might
have a new product soon,
any details yet?
cannot release yet still in
negotiations on 2 acquisitions
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